UK government borrowing to surge as Covid-19 recession hits - business live

The unprecedented slump in French and German growth this month has knocked the euro. The single currency has dropped below $1.08 for the first time in over two weeks, down 0.3% today.

Really? Shake that money tree, there must be millions more in that Brexit bonus now we've left the EU. *sarcasm alert*

And guess who'll be paying it back....

if you apply rules such as equations you get dumbfounding remarks but if you borrow you can't pay toy licence fees according to disturbing thinking but who or what are you borrowing surely you are increasing the scope of monetary supply, thereby not borrowing jph2020

Investigative journalism has no bounds.

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UK inflation falls as Covid-19 hits clothing sales, and oil tumbles again - business liveRolling coverage of the latest economic and financial news We've stopped going out. We've stopped changing clothes. In a few more weeks, we will all be naked, in our homes. Inflation should fall. Interest rates are nearing zero and mass unemployment is detrimental to spending. People can not afford to live. The lower the inflation, the better right now. Plus the crashing oil market is helping bring global inflation lower. You should be buying your oil from realDonaldTrump. He’s selling it for - $36 per barrel!
Herkunft: The Guardian - 🏆 84. / 53 Weiterlesen »